Netflix beats Q1 but falls on weak Q2 guide as Reed Hastings leaves board
Netflix beat on first-quarter revenue and EPS, but shares fell after it guided Q2 revenue to $12.57 billion versus $12.64 billion expected and said co-founder Reed Hastings will leave the board in June.
From the sources (17 posts)
@kalshiBREAKING: Netflix reports Q1 earnings • EPS: $1.23 vs $0.77 est • Co-founder Reed Hastings to leave board when term ends $NFLX -8% after-hours
@firstsquawkNETFLIX Q1 BEATS: REVENUE $12.25 BLN (EST $12.17 BLN), EPS $1.23 (VS $0.66 Y/Y), FCF $5.09 BLN (EST $2.67 BLN); Q2 OUTLOOK MISSES WITH REVENUE SEEN AT $12.57 BLN (EST $12.64 BLN), EPS $0.78 (EST $0.84); MAINTAINS FY REVENUE GUIDANCE $50.7-$
@businessNetflix reported revenue that beat analysts’ estimates in the first quarter, buoyed by strong subscriber growth. The streaming pioneer also announced that co-founder Reed Hastings is stepping down from the board after 29 years
@cnbcNetflix stock falls after company reports earnings, announces Reed Hastings will step down as chairman
@techmemeNetflix chairman and co-founder Reed Hastings will step down from the company's board after his term expires in June to focus on philanthropy and other pursuits (@thesimonetti / Wall Street Journal)
@ftNetflix founder Reed Hastings to step down from board
@wallstengineNETFLIX $NFLX Q1’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $12.25B (Est. $12.17B) 🟢; +16% YoY 🔹 EPS: $1.23 (Est. $0.79) 🟢; +86% YoY 🔹 Operating Income: $3.96B; +18% YoY 🔹 Free Cash Flow: $5.09B 🔸 Reed Hastings to leave board when term ends Q2 Gui
@polymarketBREAKING: Netflix co-founder & chairman Reed Hastings to step down from board of directors.
@ecommercesharesBrutal slowdown and Q2 EPS guide miss at $NFLX. No good when you’re trading at a massive valuation premium to the Mag 7. Why own this when you can own much-faster growing $META dramatically cheaper?
@marionawfalNetflix just crushed Q1 earnings ($1.23 EPS vs $0.66 last year, revenue beat too)… …but the stock is getting absolutely destroyed, down 9%+ after hours. Reason? Founder Reed Hastings is stepping down from the board. Source: @KobeissiLett
@firstadopterWow. Reed Hastings is stepping down from Netflix $NFLX
@nypostNetflix co-founder Reed Hastings makes shock exit, sending shares tumbling
@selkis_2028RT @KobeissiLetter: BREAKING: Netflix stock, $NFLX, falls over -9% despite posting stronger than expected earnings. The company also annou…
@katie_roofRT @Lucas_Shaw: Big news: @reedhastings is stepping down from the board of @netflix.
@wsjNetflix Chairman and co-founder Reed Hastings will step down from the company’s board after his term expires in June. Shares dropped more than 8% in after-hours trading after the company also reported disappointing guidance.
@cgasparinoRT @nypost: Netflix co-founder Reed Hastings makes shock exit, sending shares tumbling
@polymarketBREAKING: Netflix stock crashes -9% after-hours following co-founder Reed Hastings’ resignation.